reassess national savings behavior, with greater prominence and more careful consideration given to the role played by changing … literature. Going further, we simulate global savings behavior based on our framework and find that China's demographics should … decades, individual countries' convergence toward the simulated savings pattern will be influenced by their past divergences …

We study, both empirically and quantitatively, the role of savings and the labor supply inself-insurance channels over … social security benefits for the period 1995-2009. We find that both savings and the labor supply are quantitatively … adjustment to savings and labor supply have significant macroeconomic implications. Applying the model to China, we find that the …

market economy. Housing reform and rising income inequality also contribute to higher savings. Moving forward, demographic …China's high national savings rate-one of the highest in the world-is at the heart of its external/internal imbalances …. High savings finance elevated investment when held domestically, or lead to large external imbalances when they flow abroad …

demographic change and pension reform. We find that the generosity of the pension system plays an important role in determining …

The paper reexamines the main private savings determinants in Sub-Saharan Africa (SSA), followed by an analysis of the … COVID-19 pandemic impact on private savings in SSA and other country groupings. Using an unbalanced panel data from 1983 … savings in the region. In contrast with other regions, private saving rates have not increased during COVID-19 in SSA. Instead …